Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
Elevance Health Inc. closed $174.10 below its 52-week high ($567.26), which the company achieved on September 3rd.
Shares of Elevance Health jumped early Thursday in response to better-than-expected fourth- quarter results, and a generally optimistic outlook for the coming year. A week after UnitedHealth Group cast a pall over the health insurance sector with a glum report on its own earnings,
For the year, the company reported profit of $5.98 billion, or $25.68 per share. Revenue was reported as $175.2 billion. Elevance Health expects full-year earnings in the range of $34.15 to $34.85 per share.
In a report released today, Andrew Mok CFA from Barclays maintained a Buy rating on Elevance Health (ELV – Research Report), with a price target of $501.00. The company’s shares closed ...
At the World Economic Forum in Davos, Switzerland, Trump demanded that OPEC lower oil prices and that central banks reduce interest rates, while he warned global business leaders they will face tariffs for products made outside of the U.
Elevance Health delivered earnings and 2025 guidance that broadly met analysts’ expectations, likely providing some relief to investors after a challenging quarter. The fourth-quarter results marked t
Health-care companies rose sharply amid strong earnings.
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
Alaska Air Group ( ALK) shares climbed when the airline also topped profit and sales forecasts after it completed its acquisition of Hawaiian Airlines. While Alaska Air advanced, shares of American Airlines ( AAL) plunged as the carrier predicted its first-quarter loss would be more than expected and warned of higher costs.
Wall Street's main indexes were mixed on Thursday as investors assessed corporate earnings and awaited comments from President Donald Trump to gauge what his trade policy might look like. JPMorgan Chase and Goldman Sachs rose more than 1% each,
The main US stock measures were mostly pointing lower before Thursday's opening bell as traders await the latest round of corporate earnings. Standard & Poor's 500 declined 0.2% and the Nasdaq was off 0.